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Merchandise Planner

2.00 to 5.00 Years   Dubai, United Arab Emirates   11 May, 2023
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

The Retail Planner drives sales plan through a consistent focus on studying the business, monitoring inventory and sales performance, and providing analysis necessary to bring in new products to fit the needs of the customer. Track sales performance of existing products and assist in the determination of next steps; this includes developing in-season forecasts and future merchandise plans for a given gender / class. Work closely with Merchandising and Allocations, to optimize store assortments. Ensure that the merchandise financial targets are met including tracking and managing the open-to-buy sales and inventory.? Manage the Open-to-Buy sales and inventory at gender/brand level and ensure that the merchandise targets will be met on a monthly, quarterly and annual basis? Prepare in weekly / monthly in-season forecast and OTB meetings and update the management.? Analyze historical data and current trends to identify risks and opportunities; compare sales data of the planned gender / category to company sales and provide action plans to reconcile deviations? Partner with Warehouse team to actively manage inventory levels by increasing and decreasing inventory, and/or cancelling orders? On a monthly and quarterly basis, recap and report back on the sales and inventory results to plan, lay and forecast in-season sales and inventory? Partner with Store Managers to maintain store clusters using velocity, capacity, geography by gender / category? Review orders with in-store date 30 days out to identify any changes required. Prioritize key styles/categories for delivery. Ensure pre-allocations meet store/cluster targets

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